Yes and no — as long as you transfer your funds to your bank account within 90 days, you will experience no fees with your Hyperwallet account.
If your funds remain untouched for greater than 90 days, then there is a $3.00 monthly fee. There is no fee prior to 90 days, so you have plenty of time to claim your funds. We truly do not want you to experience fees and believe 90 days is a reasonable amount of time in which to transfer your funds, and we highly encourage you to do so.
By enabling an “auto-transfer” feature to your bank account, Hyperwallet has made it easy to transfer your money automatically so you don't incur fees. In the Transfer Center’s drop-down menu there is an option to activate auto-transfer to your bank, and we encourage you to use it. That way, whenever HITRECORD makes a payment to you, it will go straight from Hyperwallet to your bank, avoiding potential fees in the Hyperwallet account.
Please rest assured that your Hyperwallet account cannot go below $0 (as in, you will never owe Hyperwallet money should your account ever zero out due to inactivity.)
If you have any questions, please send an email to email@example.com and we will get back to you as soon as possible.